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$150,000
OC26007699 MLS ⋅ Active Status
Investor/Developer Opportunity – R3 Land in Opportunity Zone for 16-Unit Multi-Family Project in rapidly growing Banning. The site allows for the construction of a 16-unit apartment complex, perfectly positioned to capitalize on the city’s strong rental demand and limited multi-family inventory. Banning’s rental market has continued to strengthen, driven by population and job growth as well as proximity to major job centers in Beaumont, Palm Springs, and the Inland Empire. With Interstate 10 access minutes away, this parcel offers excellent commuter connectivity and long-term investment security. Pro Forma & Investor Highlights: Entitled for 16 units – conservative market rents projected at $2,000–$2,400 per unit/month Annual Gross Potential Income: $384,000–$422,400 Estimated Expense Ratio: 20–30% ($76,800–$126,000 annually) Net Operating Income (NOI): $268,000–$346,000 Cap Rate Valuation: At a conservative 6–8% cap rate, the completed project could be valued between $4.4M–$5.7M Flat, buildable parcel ideal for cost-efficient construction Excellent location near schools, shopping, parks, and new retail development Banning remains one of Southern California’s most promising emerging markets, with a shortage of quality rental housing and steady population growth. Whether you build to hold for strong cash flow or sell upon stabilization, this property offers significant upside potential. Don’t miss this rare development opportunity – pro forma numbers support strong returns with multiple exit strategies.

640 W Nicolet, Banning

$23,000
SR26001365 MLS ⋅ Active Status
Discover the potential of this 5,662-square-foot vacant lot, perfectly positioned near the main road. Zoned Residential, this expansive parcel offers a blank canvas for builders, investors, or homeowners ready to create their dream property. With ample space for a custom single-family home, accessory dwelling unit (ADU), or landscaped outdoor retreat, the possibilities are endless. The lot’s generous size provides exceptional privacy, minimal traffic, and a peaceful atmosphere — ideal for families or anyone seeking a tranquil residential environment. Now is the time to secure a piece of land with both immediate value and long-term growth potential. Build, invest, or hold. Three lots to be sold together, APN's: 525-132-013, 525-132-014 and 525-132-015.

Lot 95 Mb 034/068, Cabazon

$23,000
SR26001364 MLS ⋅ Active Status
Discover the potential of this 5,663-square-foot vacant lot, perfectly positioned near the main road. Zoned Residential, this expansive parcel offers a blank canvas for builders, investors, or homeowners ready to create their dream property. With ample space for a custom single-family home, accessory dwelling unit (ADU), or landscaped outdoor retreat, the possibilities are endless. The lot’s generous size provides exceptional privacy, minimal traffic, and a peaceful atmosphere — ideal for families or anyone seeking a tranquil residential environment. Now is the time to secure a piece of land with both immediate value and long-term growth potential. Build, invest, or hold. Three lots to be sold together, APN's: 525-132-013, 525-132-014 and 525-132-015.

Lot 94 Mb 034/068, Cabazon

$23,000
SR26001363 MLS ⋅ Active Status
Discover the potential of this 5,663-square-foot vacant lot, perfectly positioned near the main road. Zoned Residential, this expansive parcel offers a blank canvas for builders, investors, or homeowners ready to create their dream property. With ample space for a custom single-family home, accessory dwelling unit (ADU), or landscaped outdoor retreat, the possibilities are endless. The lot’s generous size provides exceptional privacy, minimal traffic, and a peaceful atmosphere — ideal for families or anyone seeking a tranquil residential environment. Now is the time to secure a piece of land with both immediate value and long-term growth potential. Build, invest, or hold. Three lots to be sold together, APN's: 525-132-013, 525-132-014 and 525-132-015.

Lot 93 Mb 034/068, Cabazon

$1,650,000
IV25281718 MLS ⋅ Active Status
Your private mountain paradise. 60 parcels totaling +/- 488 acres. Access from Banning on the unpaved Old Idyllwild Rd, which traverses through the property and connects to Hwy 243 near Poppet Flats. 5 miles of unpaved roads graded in, and multiple rough graded parcels on many of the 20-acre parcels. Electricity and Water available. Percolation test done showing allowable septic. An earthen dam provides a seasonal 5-acre lake. (at least it used to) Surrounded by 2,000 acres of bureau of land management land (USA land) for hiking and horseback riding. Many possible uses, off road park, church camp site, private hunting ranch, private camp site, housing development, etc. etc. Your private mountain Shangri-La .. just 3 miles as the crow flies from south Banning and civilization.

Old Idyllwild Rd, Banning

$220,000
SW25267568 MLS ⋅ Active Status
Newly Reduced Price! Discover an exceptional commercial opportunity at 437 W Ramsey Street, Banning, CA 92220 (APN: 540-170-037). This prime 0.3-acre corner parcel sits on one of Banning’s main thoroughfares, offering high visibility and strong traffic exposure. With great potential for commercial development in an established area and immediate access to the I-10 Freeway, this location is ideal for a variety of uses. The seller previously obtained a conditional use permit, providing a head start for buyers looking to explore future development options. A rare chance to secure a strategically located property in a growing corridor, don’t miss it. ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****

437 W Ramsey Street, Banning

$990,000
IG25253356 MLS ⋅ Active Status
A rare opportunity to own approximately 15 acres of usable land in Banning with valuable water shares and established watershed irrigation already in place. Properties offering this combination of acreage, water resources, and versatility are increasingly hard to find. Whether you're dreaming of a working ranch, equestrian estate, agricultural venture, orchard, vineyard, or a private country retreat, this property provides the space and infrastructure to bring your vision to life. The expansive acreage offers room for livestock, farming, recreation, additional buildings, or future improvements. An existing residence is located on the property, providing immediate occupancy, rental income potential, or the opportunity to renovate while planning your ideal estate. While the home offers flexibility, the true value lies in the exceptional land, reliable water resources, and the countless possibilities this property presents. Conveniently located with easy access to nearby amenities, yet offering the privacy and freedom that only acreage can provide, this is a unique investment in one of Banning's increasingly desirable rural areas. Come experience the possibilities and imagine what you can create on this exceptional 15-acre property.

11055 Sunset, Banning

$42,000
IG25110904 MLS ⋅ Active Status
3 in 1!!! Almost 3/4 Acre (31,362 sq') compiled of 3 lots in the beautiful and serene Poppet Flats area of Banning, Ca. Plenty of "flat" land and mountain views to build your dream escape from the city. Poppet Flats lies approximately 3500' above sea level in the foothills of the San Jacinto Mountains. Enjoy hiking the forest trails and viewing local wildlife in the surrounding San Jacinto National Park. The quaint mountain town of Idyllwild is 30 minutes up highway 243. The Cabazon outlets, Morongo Casino, and Palm Springs are all within a 35 minute drive, as well! Become a member of the nearby RV Resort and take advantage of the pool, restaurant & bar, general store, entertainment, and other amenities. Poppet Flats has so much country life to offer within a short distance to access shopping, dining, and other urban delights.

45902 Lynx Street, Banning

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.